October 2021

IN CASE YOU MISSED IT: 5 key stories from October 20

Here are five Fastmarkets stories you might have missed on Wednesday October 20 that are worth another look.

Chrome ore, alloy offer prices and sentiment slide in China

Suppliers in China’s domestic spot ferro-chrome market lowered their offer prices during the week to Tuesday October 19, while trading remained light due to very limited supply, Fastmarkets heard.

Russia removes or reduces duties on ferro-alloy exports

The Russian government has removed or reduced existing export duties on ferro-alloys, effective October 15, after responding to domestic industry concerns, trade sources said.

GLOBAL CHROME SNAPSHOT: Stainless steel production cuts weaken Chinese alloy prices

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday October 19 and their latest price moves.

Spot, tender price gap develops in Chinese FeCr market

A price gap between spot and tender prices developed in China’s ferro-chrome market in early October after sellers in the spot market raised their prices because of supply tightness, while major stainless steel mills decided to keep their tender prices flat from the previous month.

GLOBAL CHROME SNAPSHOT: US alloy prices make delayed jump following earlier global rises

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday October 12 and their latest price moves.

GLOBAL CHROME SNAPSHOT: Tight supply, rising costs support European FeCr markets

An overview of the chrome ore and alloy markets in Asia, Europe and the United States on Tuesday October 5 and their latest price moves.

PRICING NOTICE: Open consultation on non-ferrous methodology

Fastmarkets is inviting feedback from the industry on its non-ferrous pricing methodology and product specifications, as part of its announced annual methodology review process.